Press releases, Reports & Disclosures for Emirates Central Cooling Systems Corporation PJSC
Emirates Central Cooling Systems Corporation (Empower), a leading district cooling services provider, has entered into a new agreement with Mitsubishi Heavy Industries Thermal Systems to supply advanced chillers with a capacity of up to 100,000 Refrigeration Tons (RT). The agreement, signed on October 8, 2024, involves the supply of 18 energy-efficient water-cooled centrifugal chillers with an initial capacity of 56,250 RT for various district cooling projects in Dubai. There is an option to increase the order by December 31, 2024, potentially reaching 100,000 RT. This is the second collaboration between Empower and Mitsubishi, following a previous agreement in 2021. Empower's CEO, Ahmad Bin Shafar, highlighted the deal's role in advancing the district cooling sector and supporting a carbon-neutral future through energy-efficient solutions. The agreement aligns with Empower's strategy to enhance its plants with innovative technologies, contributing to its environmental and societal goals and maintaining its leadership in the global district cooling market.
Emirates Central Cooling Systems Corporation (Empower), the largest provider of district cooling services globally, highlighted its capability to assist countries in achieving sustainable living standards that exceed global benchmarks through eco-friendly district cooling solutions. This was discussed during a panel at the World Green Economy Summit in Dubai, where Empower's CEO, H.E. Ahmad bin Shafar, emphasized the urgent need for action against climate change through effective policies and plans. Bin Shafar noted that district cooling not only contributes to sustainability but also offers economic and social benefits, promoting energy-saving systems. Empower is recognized for addressing environmental issues and supporting initiatives aligned with international efforts to combat climate change.
Emirates Central Cooling Systems Corporation (Empower) announced its readiness for significant participation in the Water, Energy, Technology, and Environment Exhibition (WETEX) 2024 in Dubai. Empower, the world's largest district cooling services provider, will showcase its latest technologies and highlight its global leadership in district cooling development. The company plans to present its major projects, which have won international awards, and provide comprehensive explanations of their sustainable practices aimed at reducing carbon footprints and protecting the environment. Empower's CEO, Ahmad Bin Shafar, emphasized the company's commitment to offering an exceptional experience at the exhibition, stressing the importance of the event for integration across the energy sector and fostering collaboration between commercial and technical sectors. He also noted the growing demand for district cooling systems driven by the need for sustainable and cost-effective solutions.
Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider, successfully concluded the summer season of 2024 without any service interruptions. Despite high temperatures, Empower maintained high operational efficiency and reliability. The company implemented a proactive action plan, including extensive maintenance and infrastructure upgrades, to ensure uninterrupted service. Empower's CEO, HE Ahmad Bin Shafar, highlighted the company's commitment to reliability and sustainability. Empower also ran a summer campaign, 'Set and Save at 24°C,' to help customers optimize energy consumption. The company continues to focus on providing high-quality district cooling solutions and enhancing customer trust.
Emirates Central Cooling Systems Corporation PJSC (Empower) has successfully concluded its summer campaign, "Set and Save at 24°C," aimed at optimizing district cooling consumption and reducing customer bills. The campaign encouraged customers to set their air conditioning to 24°C to conserve energy and lower costs. Empower's CEO, HE Ahmad Bin Shafar, expressed gratitude to customers for their cooperation, emphasizing the importance of reducing energy consumption for environmental sustainability and aligning with Dubai's "Green Economy for Sustainable Development" initiative. The campaign, now in its ninth year, provided over 138,000 customers with tips to reduce energy waste and lower utility bills, contributing to a greener economy and supporting Dubai's goal of becoming the world's lowest carbon city by 2050.
Emirates Central Cooling Systems Corporation PJSC (Empower) reported a 41% increase in new customer registrations via electronic platforms over the past five years and issued nearly 20,000 No Objection Certificates (NOCs) in the first half of this year. Additionally, there was an 11% rise in bill payments through electronic channels in the same period. Empower noted a 21% increase in the issuance of NOCs, which enhance business efficiency and productivity. CEO HE Ahmad Bin Shafar highlighted that these achievements reflect the company's commitment to sustainable growth and alignment with Dubai's technological advancements and national strategies. Empower's customer base grew to over 138,000 in the first half of the year.